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Archive for May, 2008

Shopping Updates

Posted May 17, 2008 By AussieSapphire

Faceting Lap Kit 3Have just finished a tidy up of our Faceting Laps section – we hope it will now be easier for our customers to find which option best suits them.  We have a wide range of lap types and grits with some fantastic kits put together (8 kits to choose from).  Excellent quality products at already discounted prices – buy in kit form and you get even more off the price.

As we speak, we all know just how inflation is really biting and it hurts.  Our last lot of Diesel was $1.71 per litre and rising constantly, steel price rises of over 50% since Jan 08 and fertiliser and chemical costs for our farming are through the roof.  Bottom line is that everyone is affected!

Prices are on the rise everywhere.  This includes items such as Laps, Faceting Machines, Dops – almost anything that involves metal or expensive import freight will be going up in price as old stock runs out.  We try to keep prices down where we can so existing stock will remain at the old prices until we run out.  A great time to buy before prices go up.

Brand new Facetron faceting machineWe have one new stock Facetron Faceting machine at the old cost of just $3,500 AUD – the next machine will be a couple of hundred $$ more due to a factory price increase in April.  The Gemmasta at $3,900 is also good buying with the factory absorbing cost increases in metal as long as they can.  In all we have 4 complete machines in the storeroom (including one great second hand Gemmasta) so be quick to check these out. 

LAYBY:  we can, to approved customers, offer a Layby option on faceting machines (or our more valuable gems/parcels).  As a guide, purchases must total at least $1,000 AUD and be paid off in 4 equal monthly payments – if you are interested, please ask as you may be eligible (conditions apply, no interest!)

Mining continues although it becomes more challenging all the time.  Although bulk rough prices have increased about 40% since December 2007 mainly due to shortage issues, we are still faced with “mine run” prices around 10% below the levels just prior to September 11 (2001) when everything crashed around us. 

I hate to sit down and work out just how much the cost of production has risen in that 7 years – needless to say, it’s a damn lot.   Given that our costs of production are much much higher and prices received actually lower, it seems crazy that there are still a couple of us still persevering in the industry.  Mining for Sapphire in Australia remains marginal at best at current prices.

Thanks to you, our customers, Aussie Sapphire has continued to grow and prosper keeping Jobs in town so thanks for the support!

So I guess the main message is clear – old stock of machines, and accessories along with selected cut gems all represent a good buy.  Prices will rise and the value will hold well – if you’ve been considering a purchase, it might be a good time to get serious.

As always contact us if you cant find what you need online.  If you get a better quote from an Australian supplier, ask us – we will certainly try and match or better it if possible.  If you have any suggestions or comments, just mail them through.

Stay well and best wishes from Andrew and Leah Lane (www.aussiesapphire.com.au)

New Tourmaline Rough Listed

Posted May 5, 2008 By AussieSapphire

Have just received a new parcel of tourmaline facet rough and have spent the last couple of days listing some of the better pieces.  Some excellent intense pinks and other colours so make sure you check these out now.  We will be progressively listing more of this material – much of the remaining lot will be more affordable so there will be something for every budget.  Colour is great in this lot!!

See our imported facet rough catalogue for more details.

Cheers from Andrew and Leah Lane (www.aussiesapphire.com.au

Still Good Finds for Fossickers

Posted May 4, 2008 By AussieSapphire

Noticed this article in the Inverell Times last week describing a spectacular find at 7 Oaks.

Brett and Sasha McKinnon had been camping at 7 Oaks fossicking ground for almost a week when they made the find of a lifetime.  The Port Macquarie couple found a blue 42.13-carat sapphire on the second last day of their stay at 7 Oaks – the biggest find ever made by a fossicker at the property.

The sapphire was found in a pile of sapphire wash at the property using sieves, and Peter Black of 7 Oaks said it was an outstanding find.  “The stone is an absolute monster, it isn’t the biggest stone found at 7 Oaks but is certainly the biggest by a fossicking visitor,”

Peter estimated the stone could fetch up to $5000 from a collector or could be cut into two stones by a jeweller.  Just goes to show that there are still good finds out there for those who are prepared to put the work in.  Congratulations to those two lucky fossickers.

See more information about 7 Oaks at their website or check out the Aussie Sapphire fossicking site section for other choices in the area.

cheers from Andrew and Leah (www.aussiesapphire.com.au)

Finally – some new sapphire rough

Posted May 1, 2008 By AussieSapphire

We know it’s been a while but we finally managed to find time to list a few new pieces of sapphire rough.  Just goes to show you’ve got to be quick though as one of our regulars snapped up two nice bits literally only minutes after they went live.  Didnt even have a chance to get this post up first so dont wait too long and check out our rough sapphire catalogue

Note that we are noticing a general shortage of rough in the marketplace.  Unfortunately, this has not yet translated into higher prices for cut gems probably due to challenging economic conditions faced by USA.  However we do not see any likelihood that prices for rough will decrease given the difficult times faced by miners worldwide.  Our cost of mining has skyrocketed in the past year with onerous government regulation making things extremely difficult – we are seeing these trends elsewhere also so gem cutters should be prepared to pay more for facet rough into the future.

On a more positive note, we have just sourced a new parcel of tourmaline rough at reasonable prices.  We have graded this up today and will be listing some as soon as possible ranging in price from $6 to $20 per carat. 

cheers for now from Aussie Sapphire